553 Larch St, Nanaimo, BC


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About 553 Larch St

Welcome to 553 Larch St in Central Nanaimo, where you'll discover a truly exceptional property boasting breathtaking Ocean Views & boundless opportunities for redevelopment. This prime location grants easy access to all the amenities Nanaimo has to offer. A standout feature is its R8 multifamily zoning, allowing for the development of up to 16 units. This presents an ideal investment opportunity for developers seeking to capitalize on the growing demand for housing in the area. Prepare to be mesmerized by the spectacular Ocean Views this property offers. Imagine waking up every morning to the sunrise over the ocean, watching the seaplanes take off. Currently the property includes a charming home with 3 beds, 2 baths & over 2000sqft of living space. Whether you envision constructing your dream home or developing a multi-unit complex, this property has everything you need to make it happen. The combination of its prime location, stunning views, and R8 zoning allows endless possibilities.

Basic Information

MLS® # 931968
Price $1,399,900
Sub-Type Single Family Detached
Year Built 1949
Beds 4
Baths 2.00
Ensuites 1
Kitchens 1
Interior SqFt 3,001
Lot Size 0.21 Acres

Location Information

Address 553 Larch St
Postal Code V9S 2G2
Area Nanaimo
Sub Area Brechin Hill
Jurisdiction City of Nanaimo
PID Number 006-615-422
View Mountain(s), Ocean
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Connected
Heating Natural Gas, Forced Air
Cooling None
Foundation Details Slab
Property Condition Resale
Laundry In House
Parking Driveway, Garage

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Central Location, Shopping Nearby, Family-Oriented Neighbourhood, Marina Nearby, Rectangular Lot, Serviced

Listing Details

Office460 Realty Inc. (NA)

Listing Map